So after weeks/months a minor story comes out with a random number for a bid from Apollo.
"The board judged that the offer significantly undervalued the company, despite it coming in at a 46% premium to the pre-offer price," she noted.
Its not the what the article says that annoys me its the fact they think we are so stupid that we would believe it. Apollo may be a hedge fund trying to suck the life out of companies but not a chance the number is right Apollo just are not that stupid. So the question is why the story and who`s behalf was it planted for?
RE: Buy or wait for a further drop?16 Jun 2023 09:59
Been watching this one for a while and the dip over the last few days presented an opportunity so Bought in for a few thousand today. Will watch and continue buying till I have built up a decent stake in the ISA.
Just got back, was in meetings all day and got "stopped out at 106.5 (no access to market so put on a stop, didnt think it would be triggered). Half of me thinks "dam" and the other half thinks ok fair enough as I had it in the low 60`s so decent profit.
Not sure which way it will go but if no bid this time there will always be a next time, even though I am out for the moment I was all LTH`s good luck and you get what you want.
News flow is starting to turn positive (albeit begrudgingly), will probably get some clarification or at least strong hits from the press over the weekend so no problem holding at all
love the Enthusiasm but GameStop was short at its peak by 140% of the public float. Although the shorts will find it difficult to close if nobody is selling
1. The shares held for employees but not yet issue to them under the performance share scheme 2. The shares held for charities 3. Any treasury shares (if there are any , I dont know)
RE: Don't know if this has already been posted....20 Apr 2023 14:56
stevinhull
I didn`t insult you unless you are Ste2000
I actually said I would quit calling you out because of your explanation of negativity, which I accepted. Its now entirely up to you if you wish to continue